Companhia Energética De Minas Gerais S.a (CIG)

$2.47

Market is closed - opens 7 PM, 24 Apr 2024

Insights on Companhia Energética De Minas Gerais S.a

  • Increasing Revenue

    Revenue is up for the last 4 quarters, 8.64B → 9.95B (in $), with an average increase of 4.6% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 1.23B → 1.88B (in $), with an average increase of 34.4% per quarter

  • Vs OTTR

    In the last 1 year, Otter Tail Corp has given 15.7% return, outperforming this stock by 14.1%

Performance

  • $2.44
    $2.48
    $2.47
    downward going graph

    1.42%

    Downside

    Day's Volatility :1.81%

    Upside

    0.4%

    downward going graph
  • $1.97
    $2.61
    $2.47
    downward going graph

    20.24%

    Downside

    52 Weeks Volatility :24.52%

    Upside

    5.36%

    downward going graph

Returns

PeriodCompanhia Energética De Minas Gerais S.aSector (Utilities)Index (Russel 2000)
3 Months
7.39%
10.7%
0.0%
6 Months
4.66%
12.4%
0.0%
1 Year
1.65%
-5.2%
-1.1%
3 Years
91.61%
-0.4%
-22.1%

Highlights

Market Capitalization
5.8B
Book Value
$11.2
Dividend Share
1.42
Dividend Yield
9.56%
Earnings Per Share (EPS)
0.45
PE Ratio
5.49
PEG Ratio
0.0
Wall Street Target Price
2.8
Profit Margin
15.64%
Operating Margin TTM
22.79%
Return On Assets TTM
8.15%
Return On Equity TTM
24.84%
Revenue TTM
36.8B
Revenue Per Share TTM
16.75
Quarterly Revenue Growth YOY
2.1%
Gross Profit TTM
5.3B
EBITDA
8.3B
Diluted Eps TTM
0.45
Quarterly Earnings Growth YOY
0.34
EPS Estimate Current Year
0.0
EPS Estimate Next Year
0.06
EPS Estimate Current Quarter
0.0
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    50%Buy
    50%Hold
    0
    0%Sell
Based on 18 Wall street analysts offering stock ratings for Companhia Energética De Minas Gerais S.a(by analysts ranked 0 to 5 stars)
Based on 18 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
9
9
00
Hold
9
9
13
Sell
00
00
4

Analyst Forecast

What analysts predicted

Upside of 13.36%

Current $2.47
Target $2.80

Company Financials

FY18Y/Y Change
Revenue
22.3B
↑ 2.55%
Net Income
1.7B
↑ 69.74%
Net Profit Margin
7.64%
↑ 3.03%
FY19Y/Y Change
Revenue
25.4B
↑ 14.03%
Net Income
3.1B
↑ 83.93%
Net Profit Margin
12.32%
↑ 4.68%
FY20Y/Y Change
Revenue
4.9B
↓ 0.64%
Net Income
551.7M
↓ 8.41%
Net Profit Margin
11.35%
↓ 0.97%
FY21Y/Y Change
Revenue
6.0B
↑ 33.37%
Net Income
673.4M
↑ 30.97%
Net Profit Margin
11.15%
↓ 0.2%
FY22Y/Y Change
Revenue
34.5B
↑ 2.43%
Net Income
4.1B
↑ 9.09%
Net Profit Margin
11.87%
↑ 0.72%
FY23Y/Y Change
Revenue
36.8B
↑ 6.93%
Net Income
5.8B
↑ 40.87%
Net Profit Margin
15.64%
↑ 3.77%
Q3 FY22Q/Q Change
Revenue
1.7B
↑ 12.29%
Net Income
219.0M
↑ 2286.91%
Net Profit Margin
12.82%
↑ 12.22%
Q4 FY22Q/Q Change
Revenue
9.8B
↑ 5.75%
Net Income
1.4B
↑ 18.89%
Net Profit Margin
14.41%
↑ 1.59%
Q1 FY23Q/Q Change
Revenue
8.6B
↓ 11.34%
Net Income
1.4B
↓ 0.52%
Net Profit Margin
16.17%
↑ 1.76%
Q2 FY23Q/Q Change
Revenue
8.8B
↑ 2.0%
Net Income
1.2B
↓ 10.97%
Net Profit Margin
14.11%
↓ 2.06%
Q3 FY23Q/Q Change
Revenue
9.4B
↑ 6.88%
Net Income
1.2B
↓ 0.59%
Net Profit Margin
13.13%
↓ 0.98%
Q4 FY23Q/Q Change
Revenue
10.0B
↑ 5.62%
Net Income
1.9B
↑ 52.37%
Net Profit Margin
18.94%
↑ 5.81%
FY18Y/Y Change
Total Assets
59.9B
↑ 41.7%
Total Liabilities
43.9B
↑ 57.35%
FY19Y/Y Change
Total Assets
49.9B
↓ 16.59%
Total Liabilities
34.9B
↓ 20.59%
FY20Y/Y Change
Total Assets
10.4B
↑ 8.32%
Total Liabilities
7.1B
↑ 4.97%
FY21Y/Y Change
Total Assets
9.3B
↓ 3.77%
Total Liabilities
5.8B
↓ 10.98%
FY22Y/Y Change
Total Assets
53.7B
↑ 3.12%
Total Liabilities
31.9B
↓ 2.14%
FY23Y/Y Change
Total Assets
55.0B
↑ 2.48%
Total Liabilities
30.3B
↓ 4.84%
Q3 FY22Q/Q Change
Total Assets
10.1B
↑ 2.43%
Total Liabilities
6.2B
↑ 1.77%
Q4 FY22Q/Q Change
Total Assets
53.7B
↓ 1.55%
Total Liabilities
31.9B
↓ 4.63%
Q1 FY23Q/Q Change
Total Assets
10.6B
↑ 0.77%
Total Liabilities
6.1B
↓ 1.88%
Q2 FY23Q/Q Change
Total Assets
54.5B
↑ 0.85%
Total Liabilities
30.9B
↓ 1.15%
Q3 FY23Q/Q Change
Total Assets
56.2B
↑ 2.97%
Total Liabilities
31.7B
↑ 2.59%
Q4 FY23Q/Q Change
Total Assets
55.0B
↓ 2.07%
Total Liabilities
30.3B
↓ 4.37%
FY18Y/Y Change
Operating Cash Flow
1.0B
↑ 73.79%
Investing Cash Flow
-211.0M
↓ 45.35%
Financing Cash Flow
-937.0M
↑ 493.04%
FY19Y/Y Change
Operating Cash Flow
2.0B
↑ 101.98%
Investing Cash Flow
-1.2B
↑ 463.35%
Financing Cash Flow
-1.2B
↑ 28.39%
FY20Y/Y Change
Operating Cash Flow
1.7B
↑ 322.74%
Investing Cash Flow
-978.1M
↑ 327.11%
Financing Cash Flow
-459.9M
↑ 98.42%
FY21Y/Y Change
Operating Cash Flow
661.6M
↓ 57.19%
Investing Cash Flow
246.2M
↓ 127.01%
Financing Cash Flow
-1.1B
↑ 147.59%
FY22Y/Y Change
Operating Cash Flow
6.6B
↑ 79.46%
Investing Cash Flow
-3.2B
↓ 333.82%
Financing Cash Flow
-2.8B
↓ 52.77%
Q3 FY22Q/Q Change
Operating Cash Flow
475.7M
↑ 26.62%
Investing Cash Flow
-401.3M
↑ 48.43%
Financing Cash Flow
-51.5M
↑ 152.37%
Q4 FY22Q/Q Change
Operating Cash Flow
1.0B
↓ 59.41%
Investing Cash Flow
-3.2B
↑ 48.04%
Financing Cash Flow
-1.6B
↑ 459.58%
Q1 FY23Q/Q Change
Operating Cash Flow
204.6M
↑ 0.0%
Investing Cash Flow
-69.4M
↓ 88.98%
Financing Cash Flow
-305.3M
↑ 0.0%
Q2 FY23Q/Q Change
Operating Cash Flow
1.8B
↑ 70.71%
Investing Cash Flow
-2.5B
↑ 599.07%
Financing Cash Flow
921.8M
↓ 159.28%
Q3 FY23Q/Q Change
Operating Cash Flow
4.8M
↓ 99.73%
Investing Cash Flow
-4.2B
↑ 68.22%
Financing Cash Flow
304.0K
↓ 99.97%

Technicals Summary

Sell

Neutral

Buy

Companhia Energética De Minas Gerais S.a is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
0.41%
4.66%
1.65%
91.61%
37.28%
Allete Inc
Allete Inc
2.19%
12.3%
-6.25%
-15.01%
-25.3%
Otter Tail Corp
Otter Tail Corp
3.61%
20.57%
15.65%
80.59%
67.73%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
-4.82%
22.19%
-21.14%
-22.87%
0.36%
Sempra Energy
Sempra Energy
2.71%
2.49%
-9.38%
4.8%
13.16%
Aes Corporation, The
Aes Corporation, The
4.13%
17.89%
-29.1%
-39.28%
-3.38%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
5.49
5.49
0.0
0.0
0.25
0.08
0.1
11.2
Allete Inc
Allete Inc
13.94
13.94
2.22
3.84
0.05
0.02
0.05
48.78
Otter Tail Corp
Otter Tail Corp
12.04
12.04
2.1
5.3
0.22
0.08
0.02
34.6
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
198.29
198.29
1.18
0.81
0.05
0.03
0.06
11.53
Sempra Energy
Sempra Energy
14.85
14.85
3.49
4.81
0.12
0.03
0.03
44.01
Aes Corporation, The
Aes Corporation, The
49.12
49.12
1.25
1.91
-0.03
0.03
0.04
2.46
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
Buy
$5.8B
37.28%
5.49
15.64%
Allete Inc
Allete Inc
Sell
$3.5B
-25.3%
13.94
13.15%
Otter Tail Corp
Otter Tail Corp
Hold
$3.5B
67.73%
12.04
21.81%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
Buy
$12.8B
0.36%
198.29
0.7%
Sempra Energy
Sempra Energy
Buy
$45.0B
13.16%
14.85
18.39%
Aes Corporation, The
Aes Corporation, The
Buy
$11.9B
-3.38%
49.12
1.97%

Institutional Holdings

  • BlackRock Inc

    0.79%

  • Polunin Capital Partners Ltd

    0.54%

  • Vanguard Group Inc

    0.47%

  • Schroder Investment Management Group

    0.37%

  • Mangrove Partners

    0.36%

  • Bank of America Corp

    0.34%

Corporate Announcements

  • Companhia Energética De Minas Gerais S.a Dividends March,2024

    In the quarter ending March,2024. Companhia Energética De Minas Gerais S.a has declared dividend of $0.04

    Read More

Company Information

CEMIG is a Brazilian power company headquartered in Belo Horizonte capital of the state of Minas Gerais. The company is one of the largest power generators and distributors in Brazil being responsible for 12% of the national distribution.

Organization
Companhia Energética De Minas Gerais S.a
Employees
4918
CEO
Mr. Reynaldo Passanezi Filho
Industry
Utilities

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